Rebecca lives and works in Thailand as a tourism operator for already 10 years. Born and raised in England, Rebecca decided after her divorce to settle her life in a different country and to start her own business. A lot of tourists from Europe but also from the United States of America and from Australia are asking Rebecca’s team to take care of their holidays in Thailand: fly tickets, hotel, excursions… To develop her business, Rebecca had to register a company in Thailand but she was facing a problem when it was about receiving wire transfers from abroad and also not so confident about the political and economical situation in Thailand. So we proposed to Rebecca to open for her company a corporate bank account within out Latvian based partner who also able her to get a e-merchant account in order to get paid through her website.

The three main benefits for Rebecca are:

• she eased her relationship with foreign customers who could now either pay by wire trasnfer within the Euro Zone or by credit/debit card directly online
• she made huge saving about banking fees for both incoming transfers from abroad and currency exchanges (Forex)
• she secured her savings and put them away from any control from the local authorities

The cost of such an offshore bank account opening for Rebecca was € 700 and she didn’t need neither to move or to care about any paperwork.

David works as an engineer specialized in the nuclear energy. In order to carry on his business, David, Belgian guy, living in Belgium, had created a Belgian company and asked an accounting agency to deal with the business administration of his company. But due to his international profile (David is very often working in different countries for different companies) we recommended to him to incorporate a new offshore company in Latvia. There the corporate tax is the European’s lowest (between 9% and 15 %) and also, we helped him by doing on his behalf all the requested paperworks. Also now, our legal and financial teams together with our local partners are providing to David all the necessary support he needs in order to fulfill all necessary requirements requested by the Latvian authorities (accounting, tax declaration…). Finally, we opened for him a multicurrency corporate offshore bank account allowing incoming and outgoing money transfers in EURO, USD, and GBP.

The benefits are numerous for David:

• he is making huge corporate tax saving in compare to what he was paying in Belgium
• he doesn’t need anymore to be involved in any administrative tasks
• thanks to his multicurrency corporate offshore bank account he doesn’t pay any more any bank fees as he used to pay

The cost of such company incorporation is € 2’000. The cost of David’s corporate offshore bank account opening is € 800. The monthly administrative fee (including accounting) is € 300. But after only 3 months, David recommended a friend of him (Nicolas, IT consultant) to contact us and as we have been able to offer him our services then we rewarded David by giving him a 3 months free of charge business administration support. At FCBA Offshore Ltd, we encourage and reward our clients to talk about us!

Tatiana is Russian, and she decided to move to Cyprus and to enjoy a peaceful life there. She still owns a profitable company in Moscow from which she is getting some money. Tatiana has 2 children and she wants to support them. Both are students, one in London and the other one in New York. So, Tatiana’s main income is in Russian Rubles (RUB), her expenses are in Euro (currency in Cyprus) and she is sending money to her children in GBP and in USD. The best option for her was to open an offshore bank account in Malta with 4 currencies: Rubles (RUB) Euro (EUR) Pound Sterling (GBP) and United States Dollars (USD).

The benefits for Tatiana are:

• huge savings on banking fees, especially for all currency exchange fees
• very fast transactions and bank transfers
• easy management as everything is now in one bank and Tatiana can manage herself everything from her laptop

The cost of such an offshore bank account opening for Tatiana was € 600 and she didn’t need neither to care about any paperwork nor to move out from Cyprus.

Alexander for personal reasons expressed the wish to have a 100% anonymous dedit card which can provide him with ordinary services like: online payments, cash withdrawals and  standard payments in shops. Of course this kind of product is very interesting but very difficult to find and the few banks offering such a product are not willing to offer it to someone they do not know. But of course, thanks to our partnerships we have been able to provide Alexander with this anonymous card. His name does not even appear on the credit card and it’s completely impossible for the tax authorities of his country of residence to trace any transaction.

There are several benefits for Alexander:

• anonymity of all bank transactions
• almost unlimited payment (no daily, weekly or monthly limit)
• bank account opened within a secured jurisdiction offering banking secrecy
• access to all standard services and products offered by any ordinary banks

The full cost paid by Alexander was € 800 and we took care of all administrative issues with a total discretion.

John and his wife Victoria are English and both of them are retired. They have no child and they have decided to transfer their wealth to their nephew who, for family reasons, was partly raised by John and Victoria after the death of his parents. But John and Victoria have other nieces and nephews, and they want to avoid transferring a part of their assets to the rest of the family. Therefore we recommended to them to open an offshore bank account in the name of their nephew within an ultra-protected jurisdiction part of the Caribbean.

The benefits for John and Victoria are:

• banking secrecy guaranteeing assets safety
• their wealth transfer is secured
• opportunity for them to grow their savings with high performance and efficient saving products

The cost for John and Victoria was € 600 and they didn’t need neither to move anywhere nor to deal with any paperwork.

Frank is Australian who has worked for years in the USA in a large insurance firm located in New York. Following a romantic encounter, he decided to immigrate to Europe and to resign from his job. However, Frank wanted to take advantage of his experience accumulated during his long stay in America and to do so he decided to work on his own as an insurance broker. For tax reasons, Frank opened himself an offshore company in Delaware, and a second one in Ireland to sustain him with his European activities. Then having problems opening an offshore bank account for the Delaware company he contacted us. We discussed his case together with him and we fully reviewed all options fitting with both his personal and professional situations and we advised him to create a new offshore company in Seychelles and to close the one in Delaware. Frank was quickly convinced by our proposal and although disappointed to have spent time and money in the incorporation for his offshore company in Delaware, he accepted our proposal. Of course, we were able to provide him with a multicurrency corporate offshore bank account for his Dalaware company, but it was more advantageous for him to incorporate an offshore company in Seychelles. Then we also opened a multicurrecny offshore corporate bank account linked to his new incorporated Seychelles offshore company.

The benefits for Frank are:

• more discretion and ease (company registered in Seychelles Vs Delaware)
• full geographical business coverage without any limitation
• more favorable taxation (Seychelles Vs Delaware)
• banking secrecy
• savings on banking fees (currency exchange)

The costs for Frank were € 1’500 for the company incorporation in Seychelles and € 800 for the offshore corporate bank account opening. Moreover, Frank appointed FCBA Offshore Ltd to deal with all administrative obligations towards the Seychelles authorities (including accounting…). The monthly fee is € 180 and this includes as well the storage of all legal documents of his offshore company in order to guarantee him a total discretion.

Frank is sure that he can convince some of his acquaintances in similar situations to go for the same solutions. If they will do so, then we will offer 3 months of monthly business administration support to Frank related to his Seychelles company.

Naïm is an Algerian successful entrepreneur specialized in the construction and renovation business in the city of Oran. During the last years, his reputation started to grow bigger and bigger and many foreign companies contacted him in order to help them to set-up their own premises (shops, offices…). Of course this is a very profitable business for Naïm but the only one problem was about the incoming transfers he started to receive from abroad.

Actually in Algeria it was both difficult and expensive to receive these payments from a foreign customers due to some local regulations.

So we propose to Naïm a corporate bank account opening within the Euro zone (or SEPA zone) in our Latvian based banking partner. Thank to this additional bank account, he has been able to issue invoices from his Algerian company but with new bank account details. The costs of this bank account opening was: 700 €. The benefits for him have been the followings:

• he has been able to receive payment from his foreign customers in a European corporate bank account
• he has drastically reduced the banking fees corresponding to an incoming transfer from abroad
• he has been able to get better product and banking services

Also, after some times Naïm contacted us and asked us to help him to register on his name a new company within the European Union in order to get a VAT number. We did so and registered on his behalf a company in Latvia which in addition to have a valid European VAT number is also low taxed: only 15%. Finally, Naïm let us manage all the administrative aspects of the company on his behalf and he doesn’t need to come to Latvia to keep is company working.

The costs for the registration was 2’000 € and every months we do charge him about 180 € related to the business administration and accounting support services provided.

Karim is an Moroccan medical student. To increase his educational level, he decided to move to France for a few years. Of course Karim needs a personal European bank account. However, because of his non-European nationality, French traditional banks refused to open a bank account to him. So he contacted us and we conducted on his behalf all administrative tasks within one of our European banking partner in order to provide him with a Euro personal bank account. In addition, Karim subscribed to the internet banking and owns a MasterCard.

The benefits for Karim are:

• access to a European bank and its standard services and products
• make huge savings using his offshore bank account to receive money transfers from Marocco instead of using some expensive money transfer specialists

The cost for him was € 600.

Pablo is Spanish and he is no longer authorized to own a personal bank account due to the bankrupt of his former company last year. However, Pablo and his family have the same needs as everyone else in terms of banking services. We introduced Pablo to one of our European banking partner and Pablo has been allowed to have an ordinary individual Euro offshore bank account with the internet banking and a Visa card.

The benefits for Pablo are:

• have a normal life with a normal financial activity benefiting all standard bank services
• have access to a huge range of products and services much more efficient than the ones proposed within his previous bank

The cost for Pablo was € 600.